The market is dominated by foreign suppliers, as imports account for 74.6% of total market size in 2023. B2B drives market demand, with B2B spending representing 78.5% of total demand in 2023. Australia has the 12th largest market size for rubber products across the top 20 developed countries, with demand reaching USD4.6 billion in 2023. Fabtech SA Pty Ltd is the largest company in Australia, generating 22.3% of the industry’s total production value in 2023. The industry is concentrated, with the top five companies generating 76.5% of total production value in 2023. The total number of companies remains unchanged in 2023. The costs of the industry increase by 3.4% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 20.1% of production value in 2023, the highest across the top 20 developed countries. The industry’s exports share increases in 2023 to 20.5% of total production output. With production value of USD1.3 billion, Australia accounts for 86.0% of the Australasia total in 2023.
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This Euromonitor industrial report provides unique information on Rubber Products in Australia: ISIC 251. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Rubber Products in Australia: ISIC 251 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Rubber and Plastic is an aggregation of Plastic and Rubber products.
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